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Read More »Walmart offloads Bonobos unit in $235m fashion flop
BLOOMBERG Walmart Inc agreed to sell its Bonobos menswear line to WHP Global and Express Inc for $75 million — $235 million less than what the retail giant paid for the business in 2017. WHP, owner of such brands as Anne Klein and Joseph Abboud, will pay $50 million for the Bonobos brand, according to a statement. Express, which is ...
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